House sold in East Bank

Exclusive Mandate. A charming heritage home with wonderful income generation potential located on Port Alfred's East Bank.

Presenting exquisite coastal views of the Indian Ocean and Royal Alfred Marina, this well-priced residential property presents a unique investment opportunity to discerned homebuyers.

Comprising two separate dwellings, accessible from both Caxton and Ferndale Lane, it currently houses a permanent family and generates a monthly income of approximately R9800.00 per month excluding utilities.

The main dwelling offers spacious accommodation via four well-sized bedrooms, two bathrooms, a lounge, a kitchen, a studio, a sunroom, and a study. In need of some TLC, this space has wonderful potential for aspiring or seasoned home renovators.

The second dwelling consists of a neat two-bedroom, two-bathroom flat with an open-plan living and kitchen area that leads onto an expansive wooden deck overlooking town, the Marina, and the Indian Ocean.

A further one bedroom, one bathroom flat, with a separate living area and kitchenette is located on the ground floor. There is also a single garage located on this level.

Valuable features include sufficient rain water storage and a fully enclosed yard.

Get in touch to find out more or set up a private viewing appointment, today!